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On April 15, Saudi Arabia’s NEOM posted a terse but telling message on X: “Europe- Egypt- NEOM- GCC: your faster route.” Accompanied by a map, the post traced a corridor linking Europe to Egypt’s ...
Welcome back to AL-MONITOR FutureVerse. This week, we explore how the US-Israel-Iran war is impacting the Middle East’s futuristic megaprojects, online content crackdowns, the region’s data center ...
A new multimodal corridor linking Europe, Egypt, and GCC markets via NEOM is gaining traction as a safer and more flexible supply chain option. follow us follow us The ongoing Iran war has begun to ...
Saudi Arabia’s Public Investment Fund has confirmed that no projects within NEOM have been cancelled, with governor His Excellency Yasir Al-Rumayyan stating that the development is undergoing a ...
Public Investment Fund Governor Yasir Al-Rumayyan has said no projects have been cancelled within NEOM, describing current changes as a routine reassessment of spending priorities. Speaking to Al ...
Saudi Arabia’s Public Investment Fund (PIF) has backed Neom by including it as one of six strategic ecosystems in its newly approved 2026-30 strategy. The future of the $500bn gigaproject had been ...
At the centre of that discussion is the growing importance of Oxagon, a large-scale industrial and logistics hub positioned on the Red Sea, compared to The Line, the project’s most high-profile urban ...
Saudi Arabia’s NEOM has launched a new trade route linking Europe to the Gulf that bypasses the Strait of Hormuz. The Strait of Hormuz ship transit market currently prices YES at a 15% expected ...
Neom port on the west coast of Saudi Arabia is emerging as a maritime centre as regional ports grapple with rising congestion from the closure of the Strait of Hormuz. The port features a 900-metre ...
A leading Saudi investment official said in a speech on Wednesday that infrastructure projects that were part of the futuristic desert city of Neom would likely suffer delays but had not been ...